2018 ZAR to NOK Historical Review

YEARLY HIGH

0.6799 NOK

YEARLY LOW

0.5450 NOK

YEARLY AVERAGE

0.6175 NOK

2018 ZAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.6799. Conversely, the yearly low was recorded on September 5, dropping to 0.5450.

This high-to-low spread represents a total annual volatility of 0.1349 NOK. From a start-to-finish perspective, comparing the January average rate of 0.6487 to the December average rate of 0.6043, the exchange rate registered a net change of -6.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6799 was down 0.33% compared to the 2017 peak of 0.6821, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 33,993 NOK

2017 Average 31,099 NOK

Yearly Trough Low 27,249 NOK

Transaction Impact: A difference of 6,744.11 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6733

0.5503

JanuMarcMayJulySeptNove

ZAR to NOK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.6455, compared to 0.5894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0561 points.

H1 Avg (Jan–Jun) 0.6455

H2 Avg (Jul–Dec) 0.5894

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0593 NOK (High: 0.6270 / Low: 0.5677). On the other end, January was the most stable month, with a tight range of 0.0209 NOK (High: 0.6610 / Low: 0.6400).

August Spread (Volatile) ±0.0593

January Spread (Stable) ±0.0209

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0351 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.6630) against the same month in 2017 (average: 0.6323), the exchange rate shifted by +0.0307 (+4.86%).

2018 Avg (February) 0.6630

2017 Avg (February) 0.6323

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6610	0.6400	0.6487
February	0.6799	0.6399	0.6630
March	0.6675	0.6424	0.6559
April	0.6658	0.6395	0.6483
May	0.6574	0.6352	0.6461
June	0.6459	0.5903	0.6110
July	0.6215	0.5903	0.6075
August	0.6270	0.5677	0.5942
September	0.5777	0.5450	0.5606
October	0.5823	0.5554	0.5680
November	0.6245	0.5797	0.6018
December	0.6229	0.5959	0.6043